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Strategy adds 6,556 Bitcoin for $555 million in April purchase

Strategy adds 6,556 Bitcoin for $555 million in April purchase

GrafaGrafa2025/04/22 03:10
By:Mahathir Bayena

Michael Saylor’s Strategy announced the acquisition of 6,556 Bitcoin (CRYPTO:BTC) for approximately $555.8 million between April 14 and April 20, 2025, according to the company’s latest filing with the U.S. Securities and Exchange Commission.

The average purchase price was $84,785 per Bitcoin.

This transaction raises Strategy’s total Bitcoin holdings to 538,200 BTC, representing over 2.5% of the entire Bitcoin supply and valued at around $47 billion at current market prices.

Funding for the latest purchase came from proceeds generated by the sale of 1.7 million MSTR shares and over 91,200 STRK shares, as disclosed in the SEC filing.

“The purchase was funded through proceeds from Strategy’s Common ATM equity offering and Series A perpetual convertible preferred stock offering,” the company stated.

This acquisition follows a previous purchase of 3,459 Bitcoin for nearly $286 million, marking the second consecutive week of significant Bitcoin buys by Strategy.

The company’s recent buying activity resumed after a brief pause earlier in April, during which no Bitcoin acquisitions were reported.

Strategy has acquired 91,800 Bitcoin so far in 2025, accounting for 17% of its total holdings.

The company continues to pursue its long-term goal of holding $42 billion in Bitcoin by the end of 2027, regardless of market fluctuations.

Michael Saylor highlighted the growing institutional and retail exposure to Strategy, noting that “over 13,000 institutions and 814,000 retail accounts hold $MSTR directly,” with an estimated 55 million beneficiaries having indirect exposure through various investment vehicles.

Despite recent volatility in Bitcoin’s price, Strategy has maintained its accumulation strategy.

At the time of reporting, the Bitcoin (BTC) price was $88,428.80.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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